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Here's what types of technology is going to disrupt the education sector, says this Houston founder

Edtech is expected to continue to make learning more interactive, fun, and inclusive for people around the world. Photo via Pexels

Technology has always maneuvered education in a certain direction but the COVID-19 pandemic has forced it to shift towards a new direction entirely.

What started off as a basic video lecture turned into a more hybrid and innovative form of education, enabling student engagement and interactivity like never before. Social media forums allow teachers to pay one-on-one attention to students boosting their learning process.

With an edtech boom on the rise, there is a question of what further expansion in educational technology is expected. Here are some technology breakthroughs currently underway in the education sector:

Biometric signals

A technology that picks up human behavior and traits to display individual needs and requirements has become an important part of the education system. Biometrics within the classroom can disclose every student’s disposition, physical and emotional, making it possible to tailor the course to their personal needs.

Augmented reality glasses

Thomas Edison once said “Books will soon be obsolete in schools. Scholars will soon be instructed through the eye.” AR glasses layer data on what students see naturally giving a real-life learning experience. A student using AR glasses in the class could sit on his desk and have a geographical map laid out in front of him in the geography lesson.

Multi-touch surfaces

Even though multi-touch surfaces are present in smartphones and tablets, enabling them in the education system will be a game changer. With multitouch desks, students can access the virtual world of learning and connect with other students globally.

According to FMI, the Edtech Market will reach a whopping $288.4 billion by 2031. Analysts suggest this growth is due to sway towards digital learning which has allowed users to view content anywhere, anytime. The Learning Management Software has gained global acceptance since innovative tools are launched to help users adapt to the upcoming technology.

Companies and institutions are using LMS to enhance learning capabilities to further an edtech boom.

Between 2021 and 2031 the academic institution segment in the Edtech market is expected to increase by 16.7 percent. McKinsey suggests that these technologies have filled the void left by conventional teaching methods. Technologies like Augmented Reality and Virtual Reality have made classroom interactions and in-person experiences effective in the education system.

At the same time, Edtech investment is growing as well. HolonIQ reported a $21 billion venture of capital investment in edtech startups globally, in 2021. This was a growth 3 times higher before the pandemic hit the world. During the global pandemic, the education sector was revolutionized and learning moved online. This opened up an avenue for edtech startups globally creating room for an edtech boom.

Growth opportunities created by educational institutes 

Moving on from the global pandemic, education institutes have moved on from traditional learning, encouraging students to use ebooks. This has created opportunities for companies to share their e-learning solutions in the market.

Microlearning has been introduced as a concept where learners are provided knowledge at the rate they can absorb the information efficiently. This is helpful for learners with a short attention span. Microlearning improves learning transfer by 71 percent, and engagement by 50 percent while reducing development cost by 50 percent and increasing the development speed.

The pandemic has left its impact on the education system with educators and learners being comfortable with adaptive edtech. According to research by Purdue University, technological advances have changed the perspectives of both educators and learners. Being more aware of the fact that there is no standard way of learning for all students, teachers prefer educational technology for interactive learning sessions.

Innovation in edtech continues to grow since there are no limits to growth, especially in technology. After receiving positive feedback from parents, teachers, and students, further advances in edtech are expected to make learning more interactive, fun, and inclusive for people around the world.

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Ghazal Qureshi is the founder and CEO of UpBrainery, a Houston-based immersive educational technology platform that taps into neuroscience research-based programs to provide adaptive learning and individualized pathways for students at home or in the classroom.

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Just after announcing an investment from United, NEXT Renewable Fuels Inc. scored a SPAC-based IPO. Photo via nextrenewables.com

It’s been a momentous month for Houston-based NEXT Renewable Fuels Inc.

On November 15, United Airlines Ventures announced an investment of up to $37.5 million in the next-generation, low-carbon fuel producing company.

Just a week later, the company revealed it’s going public through a SPAC merger with Industrial Tech Acquisitions II Inc. The deal, expected to close in the second quarter of 2023, assigns a $666 million equity value to NEXT. The publicly traded company will be named NXTCLEAN Fuels Inc.

NEXT, founded in 2016, produces low-carbon fuels from organic feedstock. The company plans to open a biofuel refinery in Port Westward, Oregon, that’s set to start production in 2026. The refinery could produce up to 50,000 barrels per day of sustainable aviation fuel, renewable diesel, and other renewable fuels.

“West Coast states are demanding a clean fuels conversion of the transportation and aviation industries with aggressive targets necessitating rapid increases in clean fuel supplies,” Christopher Efird, executive chairman and CEO of NEXT, says in a news release. “[The company] is advancing toward becoming one of the largest U.S.-based suppliers of clean fuels for these markets, and is investigating and pursuing potential vertical expansion into other clean fuels.”

The proposed public listing of NEXT’s stock on the Nasdaq market and United’s investment are poised to help NEXT reach its goal of becoming a leader in the clean fuel sector. United’s investment appears to be the first equity funding for NEXT.

“Right now, one of the biggest barriers to increasing supply and lowering costs of sustainable fuel is that we don’t have the infrastructure in place to transport it efficiently, but NEXT’s strategic location and assets solve that problem and provide a blueprint for future facilities that need to be built,” Michael Leskinen, president of United Airline Ventures, says in a news release.

United’s investment arm, launched in 2021, targets ventures that will complement the airline’s goal of achieving net-zero emissions by 2050.

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